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20121129
20121207
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Search Results 0 to 38 of about 39 (some duplicates have been removed)
MSNBC
Dec 3, 2012 11:00am PST
. we're following developing news right now. president obama is taking to twitter right now, part of the intensifying push by the white house to get public opinion on their side over negotiations against house republicans on the so-called fiscal cliff. the president himself tweeted out plans for the q and a a short time ago saying he'll answer questions about the cliff, his proposal and pending tax hikes on the official white house twitter feed. press secretary jay carney insisted the white house is still optimistic it can reach a deal with congressional republicans. >> there has been progress, and we can achieve a bipartisan agreement. the obstacle remains at this point the refusal to acknowledge by republican leaders that there is no deal that achieves the kind of balance that is necessary without raising rates on the top 2%. >> and there are just 29 days to go for the two parties to find some sort of middle ground, and joining me now from the white house nbc news correspondent kristen welker. what's the back story on this it twitter q and a for the president, which should start
FOX News
Dec 2, 2012 9:00am PST
obama is targeting gun rights in the second term. a little later, china great wall of cash is revitalizing the struggling u.s. housing market. but is that a good thing? we'll investigate. >> special olympics. >> in a worthy cause, i tackle my fear of heights for the special olympics. each week they use the headquarters as profiles people helping people and we will introduce you to a special athlete. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >> shannon: egyptian president mohammed morsi set a date for draft constitution, but the draft is hanging in legal limbo. the highest court is postponing its ruling on the legitimacy of the assembly that wrote it because they fear the protest happening near the court. opposition groups continue to protest morsi's power grab while supporters are protesting action by the court. come thursday, adults in washington state wil
FOX Business
Nov 29, 2012 1:00pm EST
sponsorship rights for my2k, they often see paid messages opposing the obama tax hikes. they run the gamut. some talk about the sudden switch to now playing up keeping tax cuts for everyone else. others make fun of my2k origins. a few samples. obama irony, same people who claimed bush tax cuts are only for the rich now argue to keep them because they help the poor. and there is this one. my2k should really be somebody else's two k. they can government not to take their money and say take it from someone else. and then there is this one, y2k was caught by programmers failing to limit code 24 places. speed was caused by americans failing to limit obama to four years. back to you. melissa: thank you so much, thanks they want to tweet hash tag bad ideas. thank you, dennis. lori: what is going on? melissa: you haven't been shopping. lori: luxury jeweler not looking very pretty today. the trade at the nyse coming ahead. melissa: is andrew mason the right person to run it groupon? meeting on the troubled company's future. having you ship my gifts couldn't be easier. well, having a ton of location
FOX News
Nov 29, 2012 8:00am PST
. one that is in step with president obama. she also has a great deal of passion for human rights and human dignity. what john kerry has passion for nobody is really sure. he is kind of a vanilla buy. she understands issues of poverty and pandemic and how though pray into national security and foreign policy. jon: on the other hand, senator mccain says, john kerry came within a whisker of being president of the united states, angela. senator mccain went on to say this, i would love to hear him make necessary case. i don't have anything in thinks background like the tragedy in gaziano that would make me carefully examine the situation. >> it is doing susan rice. if kerry is the nominee he would have smooth sailing through. in washington these are friends behind the scenes. if susan rice is nominee we'll have partisan politics. we have the liberal mainstream media already bashing republicans, some calling them racists and sexist in the fact they won't support susan rise because the fact she is a black woman. it is not about race. it is about benghazi. she went on the air and she lie
FOX News
Nov 29, 2012 3:00pm PST
the national rights. >> the vote went against the wishes of the obama administration. the israel and u.s. voted no saying two-state achievement can only be achieveed through the direct negotiations. >> today unfortunate and counterproductive resolution places further obstams to pass to peace. that's why the united states voted against it. >> last year, mahmoud abbas sought statehood through the security council. israeli officials brand it as a public relations act without any real meaning. >> why continue to make painful sacrifices for peace in exchange for pieces of paper that the other side will not honor. >> it will make it less likely. >> jerusalem, as the prime minister benjamin netanyahu called abbas' speech hostile and poisonous and full of false propaganda. it seems tonight the 1947 vision of two sides living peacefully side-by-side is as elusive as 65 years ago. >> bret: eric shown outside the united nations. thank you. still ahead, what gets cut to avoid going over the so-called fiscal cliff? first, it may be legal but it doesn't mean you can get away with it. legalized marijuana and
MSNBC
Dec 3, 2012 9:00am PST
to say the course writing given the political difficulty of reforming entitlements republicans are right to try get mr. obama's fingerprints on a deal this year. if mr. obama won't agree to these demin muss reforms republicans should let mr. obama own the debt crisis he has done so much to create. conservative commentator bill crystal says they're making a dangerous gamble. >> republicans are at risk in my view now of looking like they're defending, keeping the current tax rates for the wealthy. end of the day president obama is selling a simple message, i want to keep taxes low for middle-class americans and republicans look like -- i'm worried are in the position offiof ing -- looking as fe the don't care about middle class. >> joining us is the sage of capitol hill, boat shoe enthusiast and celebrity doppelganger, nbc's luke russert. >> good day. happy monday. >> thank you, luke. it's an exciting time on capitol hill my friend. i want to focus first on the gop. is the party coming together, coalescing around something, anything, relating to the fiscal cliff? >> well, i think they're c
CNN
Dec 3, 2012 4:00am PST
, $700 billion was taken out of medicare to begin obama care. so right there, you know, from a management standpoint, why would you reduce money from something that's going broke? the other thing that we need to understand is that tax rates are going up on january 1 within obama care. so we're talking about almost a trillion dollars of increases in taxes and fees. >> let's not talk about the democrats for a moment. let's not even talk about what the president's put on the table. let's talk about the republicans. give me specific cuts that republicans would be behind. because we're really short on specifics from the gop. lay out for me, here's what we're willing to cut in terms of entitlements. put it on the table. >> look, there's been a plan in terms of indexing the increases. we are going to have to find a way to reduce the gap between how much medicare costs per person and how much we pay. because it's not going to last. it's going to go broke. >> so let me bring in nan for a second, then. forgive me for cutting you off. tick off for me. as you know, one of the biggest criticisms from
MSNBC
Nov 29, 2012 3:00pm PST
, not a fluke. let me tell you, president obama won bigger than bush was re-elected in 2004. >> that's right. >> they keep talking about a close election. in 2012, this year, president obama received 50.9% of the vote. mr. bush only received 50.7. so president obama was re-elected by a wider margin than george bush was. some fluke. but then you have strategist stewart stevens even defending romney's claim that president obama used gifts to win the election. listen to this, karen. >> i don't think that's what he was saying. i think he was saying that there's an effort that the incumbent used, as many other incumbents have used, to reach out to constituents. that's something that we've seen in politics going back to a long time. they did it effectively and they have certain groups that they wanted to do well with and they did well. >> that's utterly nonsense. that's intelligence of the public. he was not talking about the traditional way. he was saying, as they said throughout the campaign, he was giving things away, handouts, which was an insult to the president and to those constituent group
FOX Business
Dec 3, 2012 1:00pm EST
cliff. president up obama has taken to twitter answering fiscal cliff questions right now. looking to drum up support for his tax hike on the wealthiest americans. rich edson is in d.c. with the latest. rich? >> well, that a meeting with state governors tomorrow and nothing on the public schedule with congressional leaders. negotiators are stuck on the administration's last proposal. 1.6 trillion in tax increases. 600 billion in spending reforms and more stimulus spending. republicans call it a joke. the white house says republicans need to step up with a plan. >> i would simply redirect that question to republican leaders who do this date have no put forward any proposal how they would achieve revenues, how they would address the issue that rates have to rise on the top 2%. >> house speaker john boehner says republicans are willing to discuss revenue increases through tax reform. the administration says they're open to tax reform as well but they want an immediate tax rate hike on wealthy americans. with only a few weeks left until hundreds of billions of automatic spending cuts a
CSPAN
Dec 5, 2012 12:00pm EST
corruption and human rights violations. there were many other gaps in president obama's russia policy to help fill these gaps, i worked with my senate finance committee colleagues to add provisions to the permanent normal trade relations bill introduced by our chairman, chairman baucus, that addressed a number of these issues. first i work with senator kyl to develop language to further advance anticorruption efforts in russia by requiring the u.s. trade representative and the secretary of state to report annually on their efforts to promote the rule of law and u.s. investment in russia. we also included the provision to assist u.s. businesses, especially small businesses, to battle corruption in russia by requiring the secretary of commerce to devote a phone hotline and secure web site to allow u.s. citizens and businesses to report on corruption, bribery and attempted bribery in russia and to request the assistance of the u.s. government, if needed. i was also highly disappointed that the administration did not finalize an s.p.s. equivalency agreement with russia before agreeing to let them
FOX Business
Nov 29, 2012 11:00am EST
at harvard kennedy school where right this very minute senior campaign managers from the romney and obama campaign and every other campaign are being debriefed by top political reporters and it is interesting because obama clearly sees that he has a mandate out of the election on fiscal cliff issues. even though it wasn't a huge issue in the debate the white house is behaving like it has that mandate. what you have been seeing is republicans showing signs of flexibility and i am not just talking john boehner saying revenue is on the table. we have republican senators saying they will stand up to the grover norquist tax pledge. they're willing to break it which is pretty big news. we also have the influential member of congress, republican tom cole saying we have got to agree to extend the tax cut just for those people making $250,000 and below and letting the more wealthy be taxed. definitely flexibility but what you see from democrats is an unwillingness to do serious entitlement reform that would lead to reductions in spending. they want to kick the can down the road and do more of the
FOX News
Dec 2, 2012 11:00pm PST
for christmas. it's a scrooge christmas. >> i mean, it was not a serious proposal. so right now we are almost nowhere. >> president obama accusing republicans ever being willing to raise taxes on 98% of americans, while speaker boehner said it's the president when is unwilling to compromise. it's time now for our sunday group. bill crystal of the weekly standard. marcha liason and ed rollins and former democratic senator that you heard. >> each of them are saying they are being reasonable and it's the other side's fault. you have been through your share of washington negotiations. what strikes you about what you heard today? >> i think they both made their case well but i think geithner is in a stronger position in this respect. the president is the president. he can maneuver, he can say my $1.6 trillion and he can say $1.2 trillion. speaker boehner has 135 members. they don't hop to it when he decides to move. he's in a tougher position structurally. in these show downs the white house usually wins and the main reason they win is it's a unitary executive. and congress is in a weaker position
FOX News
Nov 30, 2012 3:00am PST
every single day until christmas. "fox and friends" starts right now. it is friday. i am gretchen carlson. i hope you have a fantastic weekend. it is it a compromise. is it ready though. obama style. the president makes an offer to avoid the fiscal cliff. lso where are the cuts? we are live in washington with the details. look at that guy. a construction worker walks in a convenience store checks his number and walks out perhaps a multimillionaire. we'll tell it to you straight away. >> officer and a gentleman. you will hear from the cop who spent his hard earned cash to buy a pair of socks and shoes. he pet them on him. "fox and friends" starts right now. ♪ ♪ ho, ho hompt >> indeed. rick it is not christmas time here in new york city until rick descends down one of the tallest buildings in connecticut and there he is. screen left from last year screen right. when he bumped into the building. good morning to you rick. >> some traditions like fruit cake that shouldn't happen . maybe it is one of those tradition. you do it once and this is a building here. give you a shot from t
FOX
Dec 2, 2012 4:00pm PST
get for christmas, a scrooge christmas. >> it was not a serious proposal. and so, right now we are almost nowhere. >> chris: president obama accusing republicans of being willing to raise taxes on 98% of americans, while speaker boehner says it is the president who is unwilling to compromise. and it is time for our sunday group, bill kristol of the weekly standard. mara liasson of national public radio, republican strategist ed rollins and former democratic senator evan byah. you heard for the last half-hour, tim geithner and john boehner, each say they are being reasonable and it is the other side's fault. bill you have been through your share of washington negotiations. what strikes you about what you heard today? >> geithner is in a stronger position, in the respect. the president is net and high can maneuver and say, $1.6 trillion and, they say, $1.1 trillion and speaker beginner has 235 members, and they don't hop to it when he decides to move, he's in a much tougher position structurally and we have seen the history of the show downs, the white house usually wins, and, th
CNN
Nov 30, 2012 9:00am PST
're calling my2k. not y2k. my2k. all right. >> listening to president obama out of hatfield, pennsylvania. he is at a toy company that makes toys similar to leggos, children's toys. he wants to bring his case directly to the american people to travel to be there in front of real folks to make his case for avoiding the fiscal cliff and also his treasury secretary as well going up on the hill talking to members of congress essentially putting forward his plan that would require tax hikes for the wealthiest americans. it is something that republicans are not pleased with. we expect republicans' response very soon. we're iffing to bring that to you live. if you would like to continue listening to the speech, go to cmn.com/live and continue to listen to the president. up next we are also focussing on another story. each year thousands of young british girls lured into a world of sex abuse. we're going to take a look at how predators, they're using gifts, alcohol, social media to gain the trust of their victims. [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot p
CNN
Dec 5, 2012 1:00pm PST
boehner and president obama, is that at all in the works? >> as far as we know, no. whether it's in the works, we could only hope, at this point we do not have any indication that it is scheduled right now. never mind the principles, we don't have any word that there has been communications between their staff at all. what's flying out of the public still appears to be flying out of private, which is not a lot. >> the members are going home for a nice long weekend. thanks very much for that. president obama isn't negotiating like we just heard. he's negotiating to raise the tax rates on the rich as a downpayment on a larger deal to come later as far as taxes are concerned and medicare is concerned. >> let's allow higher rates to go up for the top two percent, that includes all of you, yes. but not in anyway that's going to affect your spending, your lifestyles or the economy in any significant way. let's make sure that 98% of americans don't see a single dime in tax increases next year. 97% of small businesses don't see an increase in taxes next year. and by doing that alone, w
FOX News
Nov 29, 2012 10:00am PST
the perfect storm. you've had hurricane sandy, you've had the re-election of barack obama, and you have people realizing that not only is it their second amendment right, but they may be in a situation where they need a firearm to protect themselves. and they're coming to that realization, and it's just caused an uptick and a spike, and last friday, you know, on black friday it was through the roof. >> reporter: according to gallup, 43% of women surveyed last year reported owning a gun which is a new high. the nra reports that over the last four o or five years there's been an exponential increase in women participating in safety classes, licensing programs and women-only hunting programs. some women feel safer just knowing how to use guns. >> i felt like if we were going to have guns in the home, that i should know how the handle them, know if it's loaded, you know? i mean, there's going to be guns in the house, i can't have something that i'm afraid of and don't know what to -- you know, it's dangerous. so i took a class, and i found that i really enjoyed it. >> reporter: and she even knows
FOX News
Dec 3, 2012 1:00pm PST
the other and now they are out of the trouble. if you understand the right definition of austerity is the way to go, the problem is in most of europe it means higher taxes, obama wants to give us the bad part of europe, without the good part. >>neil: thank you very much. they are not cutting anything. just slowing the growth. rebound and former president bill clinton hitting the links. this is a photo from last year. what we don't know what was said teen them this year my guest homes the former president was critiquing more than just his successor's swing. art laffer was the top reagan economic adviser and you voted twice for bill clinton because his prosecutor mix of taxes. explain that? >>guest: yes i sure did. but for the raise hikes at top end, he cut taxes on the working people between ages of 65 and 72. he cut taxes on trade and products. he cut government spending as a share g.d.p. dramatically and he cut the capital gains tax rate and butt in welfare reform. what do you want from a president that bill clinton did not deliver? he was a great president. >>neil: the investment
FOX News
Dec 2, 2012 7:00am PST
weapon. that runs contrary to every multilateralist instinct of the obama white house. they paid a price for it. israel paid a price for it, too. >> eric: why is it seemingly one-sided? i remember when you voted against the human rights council. nine votes against it. us. canada, czech republic, israel, marshall islands, macronesia, palau and nairu. they seem to be the steadfastest allies at the u.n., palau and nairu. >> guest: this demonstrates the permanent anti-israel, anti-american majority in the u.n. it will be broken only by strong measures by the united states. the irony is for those who are strong supporters of the united nations, this resolution dramatically undercuts the u.n. credibilit credibility. weakens the u.n. profoundly. we will see the further ramifications to that in congress as well. members who will now seek to cut off or limit u.s. con u.s. contributions in response. >> eric: if that happen what is is the impact? >> it might demonstrate to some people they have to take the votes at the u.n. more seriously. we are in a deficit situation, as people have been discussi
CNBC
Nov 30, 2012 6:00am EST
times come. right now we are not doing anything. we are not taking any -- drastic action with obama care. >> i want to ask you if your growth is limited by something that we are increasingly becoming aware of which is -- the huge growth in latino demographic in this country. a couple of blocks away from me are -- series of fantastic cheap mexican restaurants. does that limit your growth or something that enhances your growth prospects? >> what that does is -- it is -- enhances it because the flavor proceed piles become known before we get to them a market what a we bring is more than just, you know, southwestern mexican food. we bring a whole level of energy to the environment and we bring things that the competition don't bring. and we are -- we are providing a dining opportunity for families that they can't get anywhere else. >> one question. do you -- you get pressure on your menu in terms of this -- american diet fad that's going on? have you changed your menu over time to be -- somewhat responsive to that need? >> we are doing that kind of behind-the-scenes. tony la russaed sodium a
CNBC
Dec 5, 2012 6:00am EST
. i asked the mayors, they said we went to business and said, what do you need to make this right? and i wish the obama administration would -- >> indiana and illinois. >> the key thing for business competitivene competitiveness with regard to health care, it's the slowest on record. now, you could -- >> it's the recession. >> it could be. >> the slow growth -- >> that wouldn't explain all of it. it does feel like -- of course we need more data points. >> it sharply outpaces inflation. >> not in the last two years. >> it's come down. >> not if you are somebody who is at a small company who is -- >> business is -- the most important there is the growth in the cost of health care. if this is helping to bend the cost curve -- >> if you talk to small businesses, they are looking at double digit increases. the tale of two worlds here. >> people that are 45 -- >> talk to any business person, they're adjusting and the health care industry's adjusting. >> we've got to go. >> we should have a longer conversation on this. >> yes, absolutely. >>> coming up, more data still ahead. we'll get t
CNBC
Dec 5, 2012 1:00pm EST
to start talking to house republicans. so ceos in the business community right in the middle of this negotiation. >> eamon javers, thank you. >>> john harwood has the latest on mr. obama's big meeting with some of those ceos. john? >> the other way the ceos are in the middle of this is the president appeared before the business roundtable today as part of his effort to continue rounding up support from various constituencies for what he calls a balanced approach. one of the things he pressed was a priority that the head of the business roundtable, john eng r engler, has suggested which is a longer term fix to the debt ceiling problem. remember that it was a catastrophic standoff in mid 2011 that caused the downgrade in u.s. credit. president said he's simply not going to negotiate in the negotiating process that results in the same kind of stand-off. here is the president. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation? which, by the way, we have ne
CNBC
Dec 5, 2012 5:00pm EST
to see what business stories are trending. get them in front of people in the right way. six weeks ago we launched another program. we have mohammed alaryn, the ceos of zulu, you have barack obama, the president of the world bank. it's an incredible people. becky quick is one of them that's on there. just writing content that's really important for people in business around the world. >> obviously this must translate at some point into a user, keeping the user, either engaged longer or bringing them in. i mean, how does that work? because it's got to connect. i applaud putting the right content in front of the right people but at the same time it's a business, right? >> right. >> how does that work? if you're coming in, sharing it with your boss, sending it to someone you want to deal with, this is a conversation starter. it's great for linked-in, great for the business world in general to have this comment. get insight from people, 187 million people. they're never going to connect with richard branson in real life. they can read what richard branson's top tips are for starting a busines
CSPAN
Dec 3, 2012 5:00pm EST
with rights with disabilities. i'd like to take a few minutes about the upcoming vote. first i think we ought to understand this is not anybody's treaty, it's not president obama's treaty, it's not john kerry's treaty, it's not even bob dole's treaty, although he certainly is a person who has been deeply involved. the vote on the treaty is the right thing to do on its merits. i think that it's important to note that every major veterans' group -- madam president, i ask that the list of the veterans' groups in support be included in the record at this time. the presiding officer: without objection. mr. mccain: i've not forgotten that 36 republicans signed a letter opposing consideration of any treaty during the lame duck, but there's no reason why we shouldn't have a vote on this. the letter says that they would oppose consideration, but we did have the motion to proceed. some may be worried about passing a treaty in a lame-duck session. the argument has no basis in the constitution or the senate practice. since the 1970's alone the senate has approved treaties during lame-duck sessions a tota
FOX Business
Nov 29, 2012 7:00pm EST
". think you for joining us. that's it for "the willis report." have a great night. he was the right back here tomorrow. ♪ ♪ [music playing] ♪ ♪ lou: good evening, everybody. a lot has changed in the last 24 hours. tonight it appears there is little likelihood that president obama intends to make any meaningful offer of spending cuts with which to balance the republican author of tax revenue increases. president obama, maintaining a highly believable effort of the white house and congress to resolve differences that would avoid the fiscal cliff. that is $1.2 trillion in automatic budget cuts and $600 billion in tax hikes that would result from the expiration on december 31, the consequences would simply be devastating. the economic impact on the country and the american people would mean the loss of hundreds of thousands, if not millions of jobs. the very likely onset of yet another recession. the white house timothy geithner on capitol hill today. he went there empty-handed to meet the party leaders. house speaker john boehner who has already offered to raise tax revenue finds h
FOX News
Nov 30, 2012 6:00pm PST
they are competing with the news media and obama, which is the same thing. they have got to rethink their entire communications strategy. >> sean: i think i like your proposal better than mine. i said one piece of legislation. you are right, i'm wrong. i think a series of -- >> thank you very much. i'm very grateful, that's nice. >> sean: i'm listening closely to what you are saying. i think is far more effective way, strategy and tactic than what i proposed which is one piece. i think to show the very things the democrats are against is good. one question, howard dean and some of the people on the hard left they've come out and said that this is a good thing. because the thinking is, they get sequestration, gut the military, raise taxes but they don't get the blame for it and they get to blame republicans. do you think this is maybe the strategy of the president considering how awful and insulting that plan was that he offered? >> i think it could be his tactic his goal. i think republicans ought to eliminate the term fiscal cliff. i just wrote minusletter, the entire -- the newsletter, it says
MSNBC
Dec 2, 2012 11:00am PST
tea party one if obama pushes us off the cliff. let's not pretend he isn't pushing us off the cliff. >> maria, the broader question, where is our economy right now as we're tackling this issue? what's the economy doing well? what's it not doing as well? and what will we see over the next four years? >> we are moving at a slow pace. at this point in the recovery, you would expect faster growth, which we are not going. if we go over the cliff, we will go into recession. a couple of industries will feel the hurt more so than others. obviously, defense. and because these are long-term projects, those defense cuts will be felt well into 2013, into 2014. what's doing well? health care is doing well. we're living longer. living until 100 years old. that's a positive. it's not a crisis. it's a positive. so we are in need of 1 million nurses, health care professionals in the coming years. technology doing very well. a lot of start-up technology. innovation going well. that's a positive. manufacturing coming back a bit as well. the auto sector. however, everything can change in a nanosecond.
CNN
Dec 3, 2012 2:00am PST
. a few minutes afterwards, he turned the gun on himself just outside the chiefs practice facility right in front of coaches and the gm. they leave behind a 3-month-old daughter. so -- >> president obama kicks off december with a busy schedule today he hosts the prime minister of bulgaria in the oval office. he then heads to national defense university to deliver remarks and tomorrow the president will meet the governors at the white house to talk about that impending so-called fiscal cliff. >> cory booker is taking the food stamp challenge this week. the newark, new jersey mayor, will only be eating what he can afford to buy with just over $333. that's the average weekly food stamp benefit in his state. booker tweeting that he will be giving up coffee because he will not be able to afford it. >> i really like that he's doing that. >> we should see how that turns out. >> drawing a red line, secretary of state hillary clinton talks tough to syria about using chemical weapons. we will have a live report next. make you feel alive. l meet the five-passenger ford c-max hybrid. c-max says h
CSPAN
Dec 3, 2012 8:00pm EST
by the bush administration first, and then, of course, were increased by the obama administration. it's important to recognize that the eslc report is not political in any way, shape or form. it endorses things that are heartily supported by the right , in some cases, and on the other hand that are supported by people on the left. it's important to recognize you can't just take the parts that you like. you have to take the wholistic approach, which is to, again, maximize u.s. production and to at the same time significantly reduce consumption partly by diversifying our transportation sector away from petroleum. now, the last thing i'll say before we sit down is it's important to recognize that petroleum use in transportation is the pivot point of this entire problem. about 70% of our 18.7 million barrel per day use of petroleum in this country is for transportation, and transportation is fueled about 93% of the time by petroleum. so if you want to reduce the united states' dependence on imported petroleum and the related geopolitical issues that that causes, particularly in an era whe
CNBC
Nov 29, 2012 1:00pm EST
of impact is facebook. that's right, folks. facebook this month has contributed about one-quarter of the nasdaq's point gain for the month. maybe it is finally found a bottom. back to you guys. >> bertha, thank you. >>> tomorrow president obama visits the hatfield, pennsylvania family of tinker toys, angry birds stuff to discuss middle class tax cuts and the dangers of the fiscal cliff. it is a factory i toured as part of our "how i made my millions" series earlier this year. what is this called? >> just a hopper. >> reporter: intricate creations constructed with a plastic product called k'nex, a build it yourself toy invented by this big kid, joel blickman at the age of 50. >> i really built k'nex for myself. >> reporter: he was so convinced everyone would clamor for the toy, he pitched it to mattel and hasbro. >> what ends up turning out was that none of the toy companies wanted it. >> how do you overcome the rejection? >> you get annoyed, which i did. and decide well, we'll do it ourselves. if they're that dumb, what they know can't be that difficult to learn. >> report
FOX News
Nov 30, 2012 10:00am PST
right, let lars larson make his point. >> i did vote for him, but i thought he spent too much money. megyn: okay come you keep interrupting. you say to you do object to president obama wanting a carte blanche power. and we have these, you know, these checks and balances. in the city worry about what would happen if we had a republican president. do you feel the same way about the mood in the senate to eliminate the filibuster for many things? >> now, as a matter of fact. >> sorry to interrupt, but harry reid interrupted his position on that. it's better for everybody. the way they want to change it, the junior senator from oregon, talking about restrictions in place to make sure that the minority party was protected. there is a way to deal with it that makes a lot of sense. megyn: that is interesting. i would like to finish up with this. the republicans are saying that this is not serious. and mitch mcconnell says this is highly responsible. it is not only focusing on reducing the deficit, it is adding more spending. it has a stimulus bill there -- $50 billion of stimulus. the repub
CNN
Nov 30, 2012 1:00pm PST
, president obama is trying to break that stalemate by asking voters to put more pressure on the republicans. cnn chief white house correspondent jessica yellin and chief political correspondent gloria borger join us right now. gloria, guess i'll start with you. does the president have any leverage? >> he has a lot of leverage right now. i mean, if you look back to the debt ceiling in the summer of 2011, you recall the president was accused of negotiating with himself because it was sort of a time of weakness for him. right now, look, joe, he's just won re-election. 67% of the american public according to our polls believes that there should be a deal that contains a combination of spending cuts and tax increases. more than half of the american public says, you know what, we'd like the taxes on the wealthy to go up. so he does have public opinion on his side. just been re-elected. so he feels like, you know, he's got the wind at his back so to speak. >> jessica yellin, when you look at the situation a lot of democrats on capitol hill are suggesting they're ready to go over the fiscal cliff.
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